FY2027 Small Area FMR · Laotto, IN

ZIP 46763 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 46763 (Laotto, IN) is $1,020 a month, down 7.3% from FY2026. That is 0% equal to the DeKalb County, IN area-wide FMR of $1,023.

2-bedroom SAFMR$1,020per month ▼ 7.3%

Area-wide 2 BR FMR$1,023DeKalb County, IN

Rank in the area9thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$918

2 BR Small Area FMR$1,020

110% of SAFMR$1,122

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$780▼ 4.9%

1 BR$810▼ 5.8%

2 BR$1,020▼ 7.3%

3 BR$1,240▼ 7.5%

4 BR$1,540▼ 4.9%

FY2027 FY2026

Where 46763 sits in the DeKalb County, IN area

Of the 15 ZIP codes HUD lists for the area, 46763 has the 9th highest two-bedroom Small Area FMR. DeKalb County, IN is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,023 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,020 for this ZIP code instead.

ZIP code 46763 crosses more than one HUD area. HUD also lists it under Noble County, IN (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$780	$702 – $858	$765	$820
1 bedroom	$810	$729 – $891	$814	$860
2 bedrooms	$1,020	$918 – $1,122	$1,023	$1,100
3 bedrooms	$1,240	$1,116 – $1,364	$1,270	$1,340
4 bedrooms	$1,540	$1,386 – $1,694	$1,344	$1,620

A household renting a two-bedroom home at the Small Area FMR of $1,020 needs about $40,800 a year to keep housing costs at 30% of income. The area median family income is $92,000 and the 80% low-income limit for four people is $73,600. ZIP code 46763 lies mainly in Noble County and DeKalb County. See the DeKalb County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
46710	Avilla	2.9 mi	$1,010
46738	Garrett	4.5 mi	$1,040
46748	Huntertown	5.2 mi	$1,510
46723	Churubusco	6.2 mi	$1,010
46845	Fort Wayne	8.9 mi	$1,740
46818	Fort Wayne	10.1 mi	$1,570

Questions

What is the Fair Market Rent for ZIP code 46763?

HUD's FY2027 Small Area Fair Market Rents for 46763 are $780 (studio), $810 (1 BR), $1,020 (2 BR), $1,240 (3 BR) and $1,540 (4 BR) a month.

What is the Section 8 payment standard in 46763?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 46763 that range is $918 to $1,122 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 46763?

The FY2026 income limits of the DeKalb County, IN area apply: median family income $92,000, low-income (80%) limit $73,600 for a family of four.